Thanks@lost
My thoughts is that we will be close to the April figure, with a marginally increase to FUM. If yes, I cannot see why the stock cant rally easily to ~$1.40.
With a stock trading on a ~9x multiple, positive FUM momentum, will deliver strong operational leverage through FUM growth, capital light, no debt, debt ceiling now resolved and distributes ~90% as dividends, i'm happy to hold through the cycle.
I guess we wait to Weds or Thursday for the ASX announcement.
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7 | 32438 | 2.920 |
3 | 14798 | 2.910 |
12 | 34989 | 2.900 |
7 | 57050 | 2.890 |
Price($) | Vol. | No. |
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